Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

My Real Estate Blog - Market Trends, Tips & Updates

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Canada's housing bubble has vanished without a 'crash landing', say economists

8/21/2017 | Posted in Real Estate Market by Michael Antczak

Economists say the Canadian housing bubble — long feared to be vulnerable to a dangerous pop — is now officially dead.

... More

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The truth behind GTA home prices

8/21/2017 | Posted in GTA Real Estate by Michael Antczak

Cause and effect; supply and demand – the reasons for record-high new home prices in the GTA are a matter of government actions and simple economics.

... More

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Mortgage rate outlook

8/20/2017 | Posted in Mortgage Interest Rates by Michael Antczak

Mortgage rates are going up, according to a panel of experts. ... More

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Canada has 3 of the 10 most liveable cities in the world

8/18/2017 | Posted in Most Livable by Michael Antczak

The annual rankings of the world’s most liveable cities has been revealed and three of the top ten are in Canada.

... More

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Canadian homebuyer power has doubled since the millennium

8/18/2017 | Posted in Home Buyers by Michael Antczak

A prolonged regime of low-interest rates along with a steady trend of rising incomes have more than doubled the amount that Canadians are able ... More

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Homebuyers willing to sacrifice indoor space for outdoors

8/17/2017 | Posted in Home Buyers by Michael Antczak

Outdoor living is becoming increasingly popular and a new poll shows that homebuyers are willing to have less indoor space if that means more room outside.

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Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Michael Antczak

'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More

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Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out

8/16/2017 | Posted in Ontario Real Estate by Michael Antczak

Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.

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Interest rates to hit 1.75% by summer 2019

8/16/2017 | Posted in Mortgage Interest Rates by Michael Antczak

The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

... More

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Supply not the main factor in Toronto's housing woes: Commentary

8/15/2017 | Posted in Toronto Real Estate by Michael Antczak

While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More

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Canadian home sales fall further in July

8/15/2017 | Posted in Real Estate Market by Michael Antczak

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017.

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New mortgage data released by CMHC

8/14/2017 | Posted in Mortgages and Real Estate by Michael Antczak

New mortgages continue to grow in Canada, according to a new report. There were just over 1 million new mortgage loans funded in Canada last year — up 1.4% ... More

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The Teranet-National Bank Composite House Price Index Indicates a 2% Increase in the month of July

8/14/2017 | Posted in Real Estate Market by Michael Antczak

In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given ... More

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Toronto home buyers and sellers play the waiting game

8/11/2017 | Posted in Toronto Real Estate by Michael Antczak

Toronto in mid-August feels like a city waiting with bated breath. The real estate market is drowsy and buyers and sellers are anxious to ... More

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Canadian cities will have lowest office rates in the Americas by 2019

8/11/2017 | Posted in Commercial Real Estate by Michael Antczak

Office vacancy rates in some of Canada’s biggest cities are set to be among the lowest in the Americas within the next two years as demand makes the markets among the ... More

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Home construction picks up in July, driven by buildings, condos, CMHC says

8/10/2017 | Posted in New Developments by Michael Antczak

The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More

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Here's why BoC might hold off raising rates despite all signs pointing to another hike

8/9/2017 | Posted in Mortgage Interest Rates by Michael Antczak

Should Poloz and his policy team sit on their hands for now or entertain at least one more rate increase in the coming months?

... More

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Refinancing is driver of new loans growth: CMHC

8/9/2017 | Posted in Mortgage News by Michael Antczak

The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More

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Rise of the robot realtor? Canadians amongst the most 'digitally-active' homebuyers in the world

8/8/2017 | Posted in Industry Trends by Michael Antczak

New technologies are transforming the way people in Canada and across the globe are buying a home, with significant implications for consumers and the property ... More

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Future of GTA property market is up in the air

8/7/2017 | Posted in GTA Real Estate by Michael Antczak

Housing trends show clear evidence that the Places to Grow intensification policy introduced a decade ago has now come into full effect.

... More

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